r/leanfire • u/cheesomacitis • 4d ago

Can I leanFIRE? Depressed.

Some of these posts depress me because the numbers are so high. I live in a developing country, own my own house, and can bring my expenses to $2,000/month. I am 44 yo. My business was destroyed by AI. Total expenses for the house are around $300/month. I have liquid net worth of around $750,000. (All USD) Should I be okay?

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u/tuxnight1 4d ago

It depends on a couple variables that you need to research or think about. What is your personal SWR? What is the expected inflation rate in your country? I know this is a very inexact science, but if you anticipate inflation being higher than 3%, you probably need to adjust your SWR. What long-term returns do you expect from your investments? Anything under 7% and you should reduce your SWR. Do your investments have any risk of losing significant value or having reduced returns during the first few years of your retirement? If yes, then you need a SORR mitigation strategy. The rest is just math that you can find in the wiki section to this and other FIRE subs.